$475,000
Coming Soon
New Listing
4 Beds4 Baths1,420 SQFT
Coming Soon

2864 E 42nd Avenue Anchorage, AK 99508

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SHOWINGS START 10/9/2024! Fabulous cash flow for the investor! Super cute well done and updated 3 Small and 1 Tiny House. Each unit has one bedroom and one bathroom. Many built-ins including the beds with dressers. So very well done! Long term renters. Each unit also has its own lockable storage building.Owner occupy and live virtually free, rent as BnB's, or continue with long term rentals. Each unit has it owns heating and hot water system. There are a total of 8 raised garden beds, 7 producing apples trees, and a sweet little court yard. Units are separate buildings so no common area to be concerned about and each tenant has there own 4 walls! Next summer Muni is putting in brand new water lines and septic lines! One unit has historical interest as it once was a 10 man barracks on the base, back in the day, although hard to see that now - its beautiful! Nice walkway to each unit off the ground. Various improvements have been made throughout the years! Muni says building was built 1963, however the Tiny House was built in 1979, there was an old mobile home from 1963 that has been removed long ago! Rent all 4 to create a wonderful cash flow opportunity or live in one unit and rent the others. Great area close to medical! Units are always rented. Currently owner occupies one unit. Rents are consistent for the 3 rented units bringing in $3, 400 per month. Seller pays utilities. Rents have not been increased in quite a while.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyN/A
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site0 Days
  • MLS StatusComing Soon
  • MLS ID Number24-12236
  • Home Size Source Owner
  • Year Built1963
  • Lot Size0.25 Acres
  • Full Baths2
  • Partial Baths2

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General Features

  • Construction Wood SidingFrame
  • Parking No CarportNo Garage
  • Parking Spaces 8
  • Sewer Public Sewer
  • Acreage 0.25
  • Water Public
  • Zoning R3
  • Security Carbon Monoxide Detector(s)Smoke Detector(s)
  • Property Sub Type Multi Family
  • Garage Spaces 0
  • Attached Garage No
  • Foundation Other

Interior Features

  • Appliances Washer/ Dryer
  • Interior StorageVaulted Ceiling(s)
  • Laundry Features Common Area

Exterior Features

  • Roof Shingle
  • Waterfront Property No
  • Waterfront Features No AccessNone
  • Lot City Lot

Community Features

  • MLS Area 1A - Anchorage Municipality
  • Security Features Carbon Monoxide Detector(s)Smoke Detector(s)

Schools

School District
Unknown
Elementary School
Lake Otis
Middle School
Wendler
High School
Bettye Davis East Anchorage

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Monthly Payment (Est.)

$2,308
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